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Meta Lays Off 3,600 Staff, Impacting Nigeria, Africa
While the company frames these terminations as part of routine restructuring, affected employees in Nigeria, Africa, and beyond now face an uncertain job market amid the tech industry’s ongoing transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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M-PESA Safaricom, Dashen Bank & CashGo Partner to Enhance Remittances in Ethiopia
M-PESA, Dashen Bank, and CashGo launch a seamless international remittance service, enabling Ethiopians to receive money instantly into mobile wallets.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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IBM Exits Nigeria and Key African Markets, Transfers Operations to MIBB
Although IBM’s departure from West Africa marks the end of its direct operations in the region, the long-term impact on local businesses and government partnerships remains uncertain.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- innovation, partnerships
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ARE & REIAMA Partner to Boost Decentralised Renewable Energy in Malawi
This partnership is designed to address policy and regulatory challenges, strengthen capacity building, support private sector development, and advocate for policies that drive energy access, energy security, and climate action.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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IFC Invests in Lagos Free Zone to Support Industrial Growth and Economic Diversification in Nigeria
The investment in Lagos Free Zone also reflects IFC’s commitment to sustainable development, with a focus on green infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Safaricom Ethiopia’s M-PESA Revenue Dips Despite 245% Jump in Registrations
Safaricom launched M-PESA in Ethiopia in August 2023 with Kenya extending its M-PESA Global service to the country to facilitate cross-border money transfers.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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African Investors Are Plowing More Funds Into Climate Tech
About a third of the investment into African startups went to those driving climate tech solutions in each of the last two years, according to Africa: The Big Deal’s data.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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CreditChek Partners With CredPal to Expand Credit Access Across Africa
CreditChek is positioning itself at the forefront of transforming credit access across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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